[HMM III OFF TOURNAMENT] "Race for the Leader"

Wouldn't that be cool? :) And if you also consider the possibility of one player winning all the prizes? Wouldn't the prizes lose their value?

Well, you could say that about all tournaments... that only one player will win them... but as practice has shown, this doesn't happen... ;)
And why would they lose their value? It's a tournament that lasts for 2-3 years, and there are only seven medals for the stages + an eighth for the entire tournament overall?